Common use of Effect of Waiver or Amendment Clause in Contracts

Effect of Waiver or Amendment. Each Holder of Registrable Securities acknowledges that by operation of Section 14.1 hereof the Holders of a Majority of the Registrable securities will, subject to the limitations contained in Section 14.1(b), have the right and power to diminish or eliminate certain rights of such Holder under this Agreement.

Appears in 6 contracts

Samples: Registration Rights Agreement (New Abraxis, Inc.), Registration Rights Agreement (Abraxis BioScience, Inc.), Registration Rights Agreement (Abraxis Biosciences, Inc.)

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Effect of Waiver or Amendment. Each Holder of Registrable Securities Investor acknowledges that by operation of Section 14.1 hereof 12.1 the Holders of a Majority majority of the Registrable securities Securities will, subject to the limitations contained in Section 14.1(b)12.1, have the right and power to diminish or eliminate certain rights of such Holder Investor under this Agreement.

Appears in 4 contracts

Samples: Form of Registration Rights Agreement (Bnccorp Inc), Registration Rights Agreement (North Country Financial Corp), Form of Registration Rights Agreement (North Country Financial Corp)

Effect of Waiver or Amendment. Each Investor and each Holder of Registrable Securities acknowledges acknowledge that by operation of Section 14.1 12.1 hereof the Holders of a Majority of the Registrable securities Restricted Stock will, subject to the limitations contained in such Section 14.1(b)12.1, have the right and power to diminish or eliminate certain rights of such Holder Investor under this Agreement.

Appears in 3 contracts

Samples: Securities Purchase Agreement (Jd American Workwear Inc), Preferred Stock Purchase Agreement (Value America Inc /Va), Preferred Stock Purchase Agreement (Value America Inc /Va)

Effect of Waiver or Amendment. Each Holder of Registrable Securities The Investor acknowledges that by operation of Section 14.1 hereof 13.1 the Holders of a Majority majority of the Registrable securities Securities will, subject to the limitations contained in Section 14.1(b)13.1, have the right and power to diminish or eliminate certain rights of such Holder Investor under this Agreement.

Appears in 3 contracts

Samples: Of Registration Rights Agreement (Independence Bancshares, Inc.), Form of Registration Rights Agreement (SCBT Financial Corp), Form of Registration Rights Agreement (Monarch Financial Holdings, Inc.)

Effect of Waiver or Amendment. (a) Each Holder of Registrable Securities acknowledges that by operation of Section 14.1 13.1 hereof the Holders of a Majority of the Registrable securities Securities will, subject to the limitations contained in Section 14.1(b)13.1, have the right and power to diminish or eliminate certain rights of such Holder under this Agreement.

Appears in 2 contracts

Samples: Registration Rights Agreement (Solutia Inc), Registration Rights Agreement (Solutia Inc)

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Effect of Waiver or Amendment. (a) Each Holder of Registrable Securities acknowledges that by operation of Section 14.1 13.1 hereof the Holders of a Majority of the Registrable securities Securities will, subject to the limitations contained in Section 14.1(b13.1(b), have the right and power to diminish or eliminate certain rights of such Holder under this Agreement.

Appears in 1 contract

Samples: Registration Rights Agreement (American Pharmaceutical Partners Inc /Ca/)

Effect of Waiver or Amendment. Each Holder of Registrable Securities acknowledges that by operation of Section 14.1 hereof 10.1 the Holders of a Majority of the Registrable securities Securities will, subject to the limitations contained in Section 14.1(b)10.1, have the right and power to diminish or eliminate certain rights of such Holder under this Agreement.

Appears in 1 contract

Samples: Registration Rights Agreement (Solutia Inc)

Effect of Waiver or Amendment. Each Holder of Registrable Securities acknowledges that by operation of Section 14.1 13.1 hereof the Holders of a Majority of the Registrable securities will, subject to the limitations contained in Section 14.1(b13.1(b), have the right and power to diminish or eliminate certain rights of such Holder under this Agreement.

Appears in 1 contract

Samples: Registration Rights Agreement (Abraxis Health, Inc.)

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